BUSINESS: GOLDSEA

Subscribe Now to receive Goldsea updates!

Subscribe for updates on Goldsea: Asian American Daily

Subscribe Now

Business

Honda Fit Hybrid Goes on Sale in Japan

Honda's new hybrid Fit subcompact went on sale in Japan ...

Japan Forex Reserves Hit New High After Failed Intervention

Japan's foreign exchange reserves hit an all-time high in September ...

Samsung Expects Earnings to Fall Below Record

Samsung Electronics, the world's biggest seller of computer memory chips, ...

Toyota Steps Up Efforts to Win Back Customers

Aiming to win back customer trust after its string of ...

Retail Sales Grow More Than Expected

Retailers reported surprisingly solid sales gains for September, boosted by ...

Consumers Cut Credit Card Use for 24th Month

Consumer borrowing fell again in August as consumers cut back ...

Japan Approves New $61 Bil. Stimulus Package

The Japanese Cabinet has approved 5.05 trillion yen ($61 billion) ...

Fed Rate Setter Dampens Market Hopes

World markets fell Tuesday after a leading U.S. rate-setter dampened ...

PepsiCo Revenues Soar on Overseas Growth

PepsiCo's third-quarter net income rose 12 percent on strong sales ...

World Stocks Stay Up on Fed Easing Hopes

Global stock markets rose Monday amid ongoing expectations that the ...

Microsoft Stakes Wireless Future on Cell Phone Software

Microsoft Corp. knows the cell phone world is where it's ...

IBM Shares Hit All-Time High Monday

IBM shares hit an all-time high Monday. The stock rode ...

Stocks Fall As China Seeks to Slow Lending

Stock futures dropped Tuesday following reports that China is again ...

Icahn Tries to Fold MGM into Lions Gate

Lions Gate is offering to combine its business with MGM ...

France Begins Mass Strikes Over Pension Reforms

Workers tried to shut down France on Tuesday with strikes ...

Eurozone Unemployment at 10.1% in August

Unemployment in the 16 countries that use the euro remained ...

Toshiba Unveils Glasses-Free 3-D TVs

Toshiba Corp. believes it has a solution for television viewers ...

Verizon Wireless May Refund $90 Mil. in Web Fees

Verizon Wireless could pay out up to $90 million in ...

BOA Forced to Delay Foreclosures in 23 States

Bank of America is delaying foreclosures in 23 states as ...

Microsoft Sues Motorola on Smart Phone Patents

Microsoft Corp. is suing Motorola Inc. for infringing on its ...

Car Sales Surge Mostly on New Crossovers

New models and Labor Day promotions didn't do much to ...

Manufacturing Expands for 14th Straight Month

Manufacturing activity expanded in September for the 14th straight month, ...

Incomes, Spending Both Rose in August

Consumer spending rose by a moderate amount in August while ...

United, Continental Merge to Become World's No. 1

United and Continental closed a deal on Friday that will ...

Sanofi-Aventis Launches Hostile Bid for Genzyme

France's Sanofi-Aventis on Monday launched an $18.5 billion hostile takeover ...

BP Says It Paid $11.2 Bil. on Gulf Oil Spill ...

BP PLC said Friday that it has pledged royalty revenues ...

China Manufacturing Picks Up Steam in September

Growth in Chinese manufacturing picked up pace in September, a ...

Japan Jobless Rate Fell to 5.1% in August

Japan's jobless rate improved in August, but prices fell for ...

Cheap, Clean and China the Foci of Paris Auto Show

At the Paris auto show, the car market's fortunes appear ...

Caterpillar to Raise Prices on Strong Growth

Heavy-equipment maker Caterpillar says it will raise prices up to ...

Green Goes Sleek at Paris Auto Show

Sizzling, sleek designs for a carbon-conscious world headlined Thursday as ...

Spain Debt Downgrade Drags Down Stock Prices

Spain's hurting economy got hit again Thursday with yet another ...

AIG Sells 2 Japanese Units for $4.8 Bil.

AIG, which reportedly is close to a deal that would ...

Eurozone Retail Sales Fell Unexpectedly in August

Retail sales in the 16 countries that use the euro ...

China Growth to Offset U.S. Weakness Says IMF

The global economy will likely strengthen the rest of this ...

J&J Buys Dutch Biotech Crucell for $2.41 Bil.

Johnson & Johnson said Wednesday it is buying Crucell N.V. ...

Costco Income Rises on Overseas Strength

Increased revenue from selling memberships and strength overseas helped push ...

Asia, Europe Stocks Rally on Fed Rate Cut Hopes

Global stock markets extended their rally Wednesday as investors remained ...

Retail Sales Rose Modestly in September

Americans kept spending carefully last month, buying electronics and back-to-school ...

Ford to Cut Lincoln Dealerships to Revitalize Brand

Ford Motor Co. plans to eliminate more than a third ...

Service Sector Grew in September for 9th Straight Month

The U.S. service sector, the nation's predominate employer, expanded in ...

Japanese Stocks Lead World Markets After Rate Cut

Japanese stocks led world markets higher Tuesday after the country's ...

Fitch Downgrades Ireland Credit Rating

Ratings agency Fitch cut Ireland's credit worthiness another notch Wednesday, ...

Japan Cuts Key Interest Rate to Near Zero

Japan's central bank has cut its key interest rate to ...

Content Partners Sign Up for Google TV's October Launch

Google Inc.'s effort to wed Web surfing with television viewing ...

Foreigners Find Irresistable Deals in U.S. Housing Bust

The Viceroy, a swanky condominium complex in downtown Miami, gives ...

Feds Sue 3 Major Credit Card Cos., Settle with 2

The Justice Department on Monday sued the three largest U.S. ...

Toyota Repaired 3.7 Mil. Cars Under Recalls

Toyota Motor Corp. said Monday it had fixed about 3.7 ...

Poor Americans Bear High Cost of Going Bankless

The nickel-and-diming never stopped. The fees were constant: $28 to ...

Asia Stocks Up, Europe Down Ahead of U.S. Data

The continued relative strength of the yen hurt Japanese stocks ...